NOT LISTED FOR SALE

248 Arbor Way Milpitas, CA 95035

Estimated Value: $745,464 - $1,035,000

3 Beds
2 Baths
1,044 Sq Ft
2,004 Sq Ft Lot

Last Sold June 29, 2015

Last sale price $568,000 $544 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,053/month

7 Days on Market

Highlights

  • Private Pool
  • Breakfast Area or Nook
  • Forced Air Heating System
  • Marshall Pomeroy Elementary School Rated A
  • 2 Car Detached Garage
  • Wood Burning Fireplace

About This Home

As of June 2015

Shows like a model home! Upstairs end unit with vaulted ceilings! Inside laundry, private balcony with room for outdoor entertaining, wood-burning fireplace in living room, separate dining area off kitchen and 2 garages! Minutes from great schools: Elementary API 899, Middle API 871 and High School API 830. Easy access to shopping, restaurants, parks and freeways!

Last Agent to Sell the Property

Cindi Kodweis

Compass License #01120838 Listed on: 06/18/2015

Compass

Last Buyer's Agent

Eugene Ko

Alliance Realty & Loan License #01345095

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 2,004

Parking

  • 2 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,044 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 026-29-048

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening
  • 48 Units
  • Fountain Square Association
  • Built by Fountain Square

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

2,004 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 48
  • Structure Sq Ft: 1044
  • Complex Name: Fountain Square
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook
  • Living Sq Ft: 1044
  • Stories: 2
  • Laundry: Hookups Only
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 310
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening
  • H O A Name Text: Fountain Square
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 026-29-048
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2178.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2178.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2015
Closed on
Jun 24, 2015
Sold by
Huff Adam T
Bought by
Lin Chen Wei
Seller's Agent
Cindi Kodweis
Compass
Buyer's Agent
Eugene Ko
Alliance Realty & Loan
List Price
$480,000
Sold Price
$568,000
Premium/Discount to List
$88,000
18.33%
Current Estimated Value
$854,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,366
Avg. Annual Appreciation
3.89%

Purchase Details

Closed on
Sep 3, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Huff Adam T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
4.26%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 27, 2010
Sold by
Vu Khoi C
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Apr 6, 2006
Sold by
Hui Benita
Bought by
Vu Khoi C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 19, 2001
Sold by
Mendoza Betty T and Mendoza Antonio T
Bought by
Hui Benita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,500
Interest Rate
7.15%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 27, 1994
Sold by
Wilson Development Inc
Bought by
Mendoza Antonio T and Mendoza Betty T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,550
Interest Rate
7.21%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lin Chen Wei $568,000 Chicago Title Company
Huff Adam T $320,000 Chicago Title Company
Deutsche Bank National Trust Company $403,731 Accommodation
Vu Khoi C $500,000 North American Title Company
Hui Benita $330,000 First American Title Guarant
Mendoza Antonio T $180,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Huff Adam T $256,000
Previous Owner Vu Khoi C $400,000
Previous Owner Hui Benita $287,500
Previous Owner Mendoza Antonio T $174,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2015 06/29/15 Sold $568,000 +18.3% $544 / Sq Ft
06/25/2015 06/25/15 Pending -- -- --
06/18/2015 06/18/15 For Sale $480,000 -- $460 / Sq Ft
Source: MLSListings

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,874 $682,640 $341,320 $341,320
2024 $7,874 $669,256 $334,628 $334,628
2023 $7,851 $656,134 $328,067 $328,067
2022 $7,822 $643,270 $321,635 $321,635
2021 $7,710 $630,658 $315,329 $315,329
2020 $7,577 $624,192 $312,096 $312,096
2019 $7,492 $611,954 $305,977 $305,977
2018 $7,116 $599,956 $299,978 $299,978
2017 $7,026 $588,194 $294,097 $294,097
2016 $6,741 $576,662 $288,331 $288,331
2015 $4,014 $341,118 $170,559 $170,559
2014 $3,897 $334,436 $167,218 $167,218
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Cindi Kodweis

    Compass

    Section Image
  • Eugene Ko

    Buyer's Agent in 2015

    Eugene Ko

    Alliance Realty & Loan

    (408) 945-1369

    6 Total Sales

    Eugene Ko
    Section Image
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Map

Source: MLSListings

MLS Number: ML81470965

MLSListings

APN: 026-29-048

California Santa Clara County Milpitas 95035

248 Arbor Way, Milpitas, CA

Not Listed for Sale

Condos

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